402 Niar Avenue, Mississauga, ON
Mineola, Mississauga · MLS® W13629688
About this home
In short
- Stunning Custom-Built Luxury Residence in Prestigious MineolaDiscover over 5,000 sq. ft. of exceptional living space where contemporary design, luxury finishes, and...
- Designed for modern living, the home offers 10-foot ceilings on the main floor, 9-foot ceilings upstairs, premium engineered hardwood flooring, pot lights, and...
- The spectacular family room features a soaring 16-foot ceiling, floor-to-ceiling Italian tile gas fireplace, custom illuminated millwork, and oversized picture windows.
- The luxurious primary suite offers a private balcony, custom walk-in closet, and a spa-inspired ensuite with a freestanding soaker tub, rainfall shower, dual vanity...
- Spacious other three bedrooms feature coffered ceilings, large windows, and access to designer bathrooms with heated floors.
***Stunning Custom-Built Luxury Residence in Prestigious Mineola***Discover over 5,000 sq. ft. of exceptional living space where contemporary design, luxury finishes, and superior craftsmanship come together. The impressive stucco and stone exterior welcomes you into a grand 19-foot foyer featuring a striking white oak staircase with glass railings.Designed for modern living, the home offers 10-foot ceilings on the main floor, 9-foot ceilings upstairs, premium engineered hardwood flooring, pot lights, and elegant living and dining areas with a sleek gas fireplace.The chef-inspired kitchen boasts premium quartz countertops and backsplash, a waterfall island, high-end appliances, a butler's pantry, walk-in pantry, and extended custom cabinetry with under-cabinet lighting.The spectacular family room features a soaring 16-foot ceiling, floor-to-ceiling Italian tile gas fireplace, custom illuminated millwork, and oversized picture windows. Imported from Europe superior quality triple-pane tilt-and-turn aluminum windows fill the home with natural light.The luxurious primary suite offers a private balcony, custom walk-in closet, and a spa-inspired ensuite with a freestanding soaker tub, rainfall shower, dual vanity and heated floors.. Spacious other three bedrooms feature coffered ceilings, large windows, and access to designer bathrooms with heated floors. Professionally finished walk-out basement includes a recreation room with heated vinyl floors, gym, office or fifth bedroom, full bathroom, laundry room, and cold cellar/wine room.Step outside to a beautifully landscaped, fully fenced backyard with a large covered stone patio with glass railing, perfect for entertaining. Property is ideally located in prestigious Mineola, just minutes from Lake Ontario, parks, top-rated schools, GO Transit, major highways, and vibrant Port Credit Village. An exceptional opportunity to own a truly remarkable custom home.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13629688
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 5 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 50 × 132 ft
- Cross streets
- Mineola Gdns and Atwater Ave
- Parking
- 2 garage · 8 parking (built-in)
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $19,267 / 2026
- Days on market
- 75
- Listing brokerage
- GOWEST REALTY LTD.
Rooms
pot lights · large window · overlooks living
6 pc ensuite · large window · pot lights
Heated Floor
Heated Floor
gas fireplace · w/o to patio · pot lights
gas fireplace · pot lights · hardwood floor
6 pc ensuite · w/o to balcony · walk-in closet(s)
quartz counter · pot lights · stainless steel appl
large window · pot lights · closet
large window · pot lights · closet
Listed at $2,695,000. Going by how homes in Mineola and the wider GTA have actually closed against their asking prices (about 96%, 18 local closings in 90 days), the likely sale price is near $2.60M, if it sells. A realistic range is $2.44M to $2.93M.
Independent value check: $2.76M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $2.59M and $2.89M).
Why $2.76M. The typical detached home sold in Mineola over the past year went for about $1.67M (90 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $19,267 a year; the typical home sold here pays about $11,300.
- ▲ Raises it stronglyIt is 3,000 to 3,500 sq ft; the typical home sold here is 2,000 to 2,500.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises it4+1 bedrooms and 5 baths, against 4+1 and 4 typically.
Total price vs nearby homes. Likely closing about $2.60M, from 18 recent closings in this pocket.
The market behind the math:
About 2.8 months of inventory: 17 detached homes for sale in the area against 18 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $829/sqft against an area asking average of $964/sqft.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Mineola: 9 of the 88 detached leases here lately were basement units, around $2,000 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Mississauga.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.77M. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Primary suite: a key comfort and resale feature. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Based on 18 comparable homes that sold in Mineola over the past two years, from 162 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $1,097/sqft; this home lists at $829/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Mineola: $1.39M in September 2026, down 19% from a year ago, on 79 closings in 10 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.65M | 6 |
| November 2025 | $2.78M | 9 |
| January 2026 | $1.08M | 5 |
| February 2026 | $1.20M | 5 |
| March 2026 | $1.58M | 13 |
| April 2026 | $1.52M | 9 |
| May 2026 | $2.89M | 8 |
| June 2026 | $2.03M | 12 |
| August 2026 | $1.25M | 6 |
| September 2026 | $1.39M | 6 |
Neighbourhood & location
Mineola, Mississauga, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Mississauga.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $2,156,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,921
- Property tax
- $1,606
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,526
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $53,850
- Estimated closing costs
- $53,850
Plus your down payment of $539,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $715,254
- Principal paid down
- $263,423
- Interest paid
- $451,830
- Balance remaining
- $1,892,577
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
The suite is real income here: basements rent in Mineola (9 of 88 recent detached leases were basement units, around $2,000 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,000 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 7 whole-home leases in Mineola signed at a median of $4,091 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,062. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of GOWEST REALTY LTD.. MLS®/PropTx.